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UK inflation slows sharply to 7.9% in June - Vimarsana News

UK inflation slows sharply to 7.9% in June

LONDON (Reuters) -Britain's high rate of inflation fell by more than expected in June and was its slowest in over a year at 7.9%, according to data that will ease some of the pressure on the Bank of England to keep on raising interest rates sharply. Sterling weakened and investors scaled back their bets on future increases in borrowing costs as consumer price inflation growth came in at its lowest since March 2022, although it remained above the rate in other big, rich economies. The BoE said in May it expected June inflation would fall to 7.9%, moving further away from October's 4...

Source: yahoo.com
UK house prices rise by least since 2020, rents climb - ONS - Today at 04:31 am - Vimarsana News

UK house prices rise by least since 2020, rents climb - ONS - Today at 04:31 am

British house prices increased by 1.9% in the 12 months to May, the Office for National Statistics said on Wednesday, the smallest increase since mid-2020. London was the region with...

More Brits than ever say Brexit was wrong choice: YouGov survey - Vimarsana News

More Brits than ever say Brexit was wrong choice: YouGov survey

The proportion of Britons who say Brexit was a mistake hit a new record high this month, a survey from pollsters YouGov showed on Tuesday.

UK on track for most company insolvencies since 2009 - Vimarsana News

UK on track for most company insolvencies since 2009

England and Wales are on track for the highest quarterly number of company insolvencies since early 2009, as businesses struggle to repay COVID-19 loans against a tough economic backdrop, government figures showed on Tuesday.

British pay awards still lag inflation, but hold at record 6%: XpertHR - Vimarsana News

British pay awards still lag inflation, but hold at record 6%: XpertHR

Pay settlements by British employers held at 6% in the second quarter, remaining at the highest level in nearly 32 years but still well below the rate of inflation, data from human resources company...